The founder of crypto exchange FTX, Sam Bankman-Frield, will testify on Capitol Hill next month about the firm's collapse.

The founder of crypto exchange FTX, Sam Bankman-Frield, will testify on Capitol Hill  next month about the firm's collapse.

Congress Wants FTX Founder to Testify On Firm's Collapse

Echoes from the f t. X fallout have now reached Capitol Hill. Congress wants F. T. X. Founder and Ceo SAM Bank man freed and other executives to testify at a hearing on the Crypto exchanges collapse, freed, has been accused of misusing user funds in relation to his hedge. The hearing, scheduled in december, would also call on executives from that hedge fund, Alameda Research and rival crypto from Baia to testify. It would be a rare bipartisan hearing, with ranking Republican Patrick Mchenry supporting it as well.